Starting from November 1, 2025, citizens of the Kyrgyz Republic will have the opportunity to voluntarily limit the issuance of loans and borrowings in their name. This innovation makes Kyrgyzstan the first country in Central Asia to implement such a mechanism.
At a press conference held at the National Bank, Deputy Chairman Bektur Aliyev emphasized the relevance of this initiative in light of the increase in fraud in the online lending sector. In October of this year, over 200 cases of loans being issued in someone else's name using stolen or forged data were recorded.
According to Aliyev, both the National Bank and law enforcement agencies are facing an increase in complaints about illegal loan issuance by commercial banks and financial institutions. The introduction of the self-ban mechanism, in his opinion, will help protect citizens' rights and their deposits.
He also noted that even in the case of data theft, the established self-ban will prevent loans from being issued based on forged documents.
The main goals of the self-ban mechanism include:
- elimination of cases of loan issuance based on stolen or forged information;
- prevention of debt traps and disputes;
- control over one's own credit profile: the ability to set a "digital lock" on one's name at any time;
- providing citizens with time to make informed decisions.
Minister of Digital Development and Innovative Technologies Azamat Jamangulov explained how to establish and lift the self-ban:
Citizens will be able to independently, free of charge, set or lift the ban through the State Portal of Electronic Services (mobile application Tunduk) at any time. After submitting the application, the self-ban mechanism will be activated instantly. However, to lift the ban, one will need to wait 12 hours.
This approach helps avoid hasty decisions and increases security levels. Before issuing a loan, the financial organization is required to check for the existence of an active ban. If it is present, the lender refuses to conclude the contract, stating the reason.
If a loan is issued while an active ban is in place, such a contract will be considered legally invalid. The citizen is not liable for such a loan, and the lender cannot demand repayment. The responsibility for the violation lies with the lender.
Reference 24 kg
The self-ban on loans is a free and voluntary opportunity for citizens to preemptively limit the possibility of obtaining loans and borrowings in their name at financial institutions.
Brief action algorithm through the Tunduk application:
1. Set the self-ban: log into Tunduk → select the service "Self-ban on lending" → click "Submit application" → choose the credit bureau → confirm the action. Protection is activated immediately.
2. Lift the ban: log into the same service → select the credit bureau → click "Lift self-ban." The lifting will occur automatically after 12 hours.
Within 12 hours after submitting the application, one can log into the service and click "Cancel application" — protection will remain active.
